Stantec Announces the Closing of $425 Million Senior Unsecured Notes Offering
1. Stantec closed a $425 million private placement offering of senior unsecured notes. 2. The notes have a 4.374% interest rate, maturing in 2032. 3. Proceeds will repay debt and fund general corporate purposes. 4. The notes carry a BBB rating with a stable outlook from DBRS. 5. Stantec focuses on sustainable engineering and environmental consulting.